Generally as Long as Earnings Remain Constant, the Repurchase of Shares

question 66

True/False

Generally as long as earnings remain constant, the repurchase of shares reduces the number of outstanding shares, raising the earnings per share and therefore the market price per share.

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World Trade Organization

An international organization designed to supervise and liberalize world trade, by providing a forum for trade negotiations and dispute resolutions.

Intellectual Property

Legally recognized exclusive rights to creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images.

U.K. Bribery Act

A law passed by the United Kingdom in 2010, designed to combat bribery and corruption in both the public and private sectors.

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A United States law that prohibits U.S. companies and their employees from bribing foreign officials for business purposes.